These Analysts Revise Their Forecasts On Ford Motor Following Q1 Results

Ford Motor Co F posted upbeat results for the first quarter on Monday.

Ford Motor reported quarterly earnings of 14 cents per share, which beat the analyst consensus estimate of two cents, but is down from earnings of 49 cents per share from the prior year's quarter. Quarterly revenue came in at $37.42 billion, which beat the analyst consensus estimate of $36.2 billion and is down from revenue of $39.89 billion from the same period last year.

"We are strengthening our underlying business with significantly better quality and our third straight quarter of year-over-year cost improvement, excluding the impact of tariffs,” said Ford CEO Jim Farley. “Ford Pro, our largest competitive advantage, is off to a strong start to the year, gaining market share in the most profitable U.S. and European customer segment."

Ford suspended its financial guidance, including full-year adjusted EBIT and adjusted free cash flow, due to tariff-related uncertainty.

Ford Motor shares gained 2.8% to trade at $10.46 on Tuesday.

These analysts made changes to their price targets on Ford Motor following earnings announcement.

Piper Sandler analyst Alexander Potter maintained Ford Motor with a Neutral and lowered the price target from $9 to $8.5.
Goldman Sachs analyst Mark Delaney maintained the stock with a Neutral and raised the price target from $9 to $10.

Considering buying CL stock? Here’s what analysts think: